

NNPC PROFIT DOUBLES TO ₦276BN IN MARCH AS GAS OUTPUT HITS ONE-YEAR HIGH
Monthly earnings up 102.9%; gas production reaches 7,731 mmscfd; petrol availability at retail stations remains at 56% NNPC Limited posted a profit after tax of ₦276 billion for March 2026, more than doubling its February earnings, as a surge in gas production lifted financial performance to its strongest monthly showing in recent memory. The figures were disclosed in the company's March 2026 Monthly Report Summary released Monday. Revenue for the month reached ₦2.774 trillio


TWO PMI REPORTS, TWO VERDICTS: NIGERIA'S PRIVATE SECTOR EXPANDS AND CONTRACTS IN APRIL
Stanbic IBTC shows growth at 52.4; CBN PMI registers first contraction in 16 months at 49.4 Two closely watched surveys of Nigeria's private sector economy published this week have reached opposite conclusions about business conditions in April 2026, creating an unusually divided picture of the economy entering the second quarter. The Stanbic IBTC Bank and S&P Global Purchasing Managers' Index, endorsed by the National Bureau of Statistics, showed the headline index rising to




































